Common use of Certain Provisions of Base Trust Agreement Not Applicable Clause in Contracts

Certain Provisions of Base Trust Agreement Not Applicable. The provisions of Sections 2.3, 3.2, 3.3, 3.4, 3.5, 3.6, 3.8, 3.10, 3.11, 3.12, 5.16, 5.17, 6.1(c) through (e), 6.6 and 9.1 of the Base Trust Agreement, dated as of December 15, 2000, and any other provision of the Base Trust Agreement, dated as of December 15, 2000, which imposes obligations on, or creates rights in favor of, the Trustee or the Certificateholders as a result of or in connection with an "Event of Default" or "Administrative Agent Termination Event" shall be inapplicable with respect to the Certificates. In addition, there is no "Administrative Agent" specified herein and all references to "Administrative Agent" in the Base Trust Agreement, dated as of December 15, 2000, therefore shall be inapplicable with respect to the Certificates.

Appears in 2 contracts

Sources: Corts Supplement Agreement (Structured Products Corp), Corts Supplement Agreement (Structured Products Corp)